Posted on 11/14/2008 10:07:38 AM PST by Dr. Marten
The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.
Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting fut ure world and economic events, which will send a chill down your spine considering what he told Fox News this week.
Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.
"We're going to see the end of the retail Christmas....we're going to see a fundamental shift take place....putting food on the table is going to be more important that putting gifts under the Christmas tree," said Celente, adding that the situation would be "worse than the great depression".
"America's going to go through a transition the likes of which no one is prepared for," said Celente, noting that people's refusal to acknowledge that America was even in a recession highlights how big a problem denial is in being ready for the true scale of the crisis.
Celente, who successfully predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar, told UPI in November last year that the following year would be known as "The Panic of 2008," adding that "giants (would) tumble to their deaths," which is exactly what we have witnessed with the collapse of Lehman Brothers, Bear Stearns and others. He also said that the dollar would eventually be devalued by as much as 90 per cent.
The consequence of what we have seen unfold this year would lead to a lowering in living standards, Celente predicted a year ago, which is also being borne out by plummeting retail sales figures.
The prospect of revolution was a concept echoed by a British Ministry of Defence report last year, which predicted that within 30 years, the growing gap between the super rich and the middle class, along with an urban underclass threatening social order would mean, "The world's middle classes might unite, using access to knowledge, resources and skills to shape transnational processes in their own class interest," and that, "The middle classes could become a revolutionary class."
In a separate recent interview, Celente went further on the subject of revolution in America.
"There will be a revolution in this country," he said. "It’s not going to come yet, but it’s going to come down the line and we’re going to see a third party and this was the catalyst for it: the takeover of Washington, D. C., in broad daylight by Wall Street in this bloodless coup. And it will happen as conditions continue to worsen."
"The first thing to do is organize with tax revolts. That’s going to be the big one because people can’t afford to pay more school tax, property tax, any kind of tax. You’re going to start seeing those kinds of protests start to develop."
"It’s going to be very bleak. Very sad. And there is going to be a lot of homeless, the likes of which we have never seen before. Tent cities are already sprouting up around the country and we’re going to see many more."
"We’re going to start seeing huge areas of vacant real estate and squatters living in them as well. It’s going to be a picture the likes of which Americans are not going to be used to. It’s going to come as a shock and with it, there’s going to be a lot of crime. And the crime is going to be a lot worse than it was before because in the last 1929 Depression, people’s minds weren’t wrecked on all these modern drugs – over-the-counter drugs, or crystal meth or whatever it might be. So, you have a huge underclass of very desperate people with their minds chemically blown beyond anybody’s comprehension."
"When CNN wants to know about the Top Trends, we ask Gerald Celente."
— CNN Headline News
"A network of 25 experts whose range of specialties would rival many university faculties."
— The Economist
"Gerald Celente has a knack for getting the zeitgeist right."
— USA Today
"There’s not a better trend forecaster than Gerald Celente. The man knows what he’s talking about."
- CNBC
"Those who take their predictions seriously ... consider the Trends Research Institute."
— The Wall Street Journal
"Gerald Celente is always ahead of the curve on trends and uncannily on the mark ... he's one of the most accurate forecasters around."
— The Atlanta Journal-Constitution
"Mr. Celente tracks the world’s social, economic and business trends for corporate clients."
— The New York Times
"Mr. Celente is a very intelligent guy. We are able to learn about trends from an authority."
— 48 Hours, CBS News
"Gerald Celente has a solid track record. He has predicted everything from the 1987 stock market crash and the demise of the Soviet Union to green marketing and corporate downsizing."
— The Detroit News
"Gerald Celente forecast the 1987 stock market crash, ‘green marketing,’ and the boom in gourmet coffees."
— Chicago Tribune
"The Trends Research Institute is the Standard and Poors of Popular Culture."
— The Los Angeles Times
"If Nostradamus were alive today, he'd have a hard time keeping up with Gerald Celente."
— New York Post
So there you have it - hardly a nutjob conspiracy theorist blowhard now is he? The price of not heeding his warnings will be far greater than the cost of preparing for the future now. Storable food and gold are two good places to make a start.
They had one forming in Ontario California. Saw videos of it on the Los Angeles news. The local authorities were starting to kick them out. People from all over the country were there.
I don’t know about Zevon, but subsistence with antique skill sets and antique tools, plus stored esentials, is precisely what we have been setting up for some time now. I know we are not alone.
buys gold and silver...as invested well
How do you drag it all around? Consider the weight.
People would know you have it. Then what? In fact if you produce gold to purchase everybody would know what you have. Be sure to stash ammo and guns. And know how to use.
What good is it if you are hungry and there is no food to buy? Planting it won’t work very well.
It is not so. Money kept by the states would be used much more efficiently because there would be no federal overhead. Every dollar sent to Washington has a 70 cent overhead associated with the cost of fed govt operation. Dura has it exactly backwards. He/it has obviously never played the grants game.
“That is to say, states like NY, CA and CT will no longer be supporting states like Arkansas, Alabama and Mississippi.
“
So, you bought into that liberal propaganda. Dummy. Those numbers included military and federal purchasing and spending. Colorado, a State that receives only 87 cents for every dollar sent to Washington was on that list as being a welfare State simply because we are also a major military complex. Liberals like to lie and you bought it.
Many of the rich states are supporting poor states to an astounding degree. This is the “hidden” redistribution of wealth on a massive scale. States like NY get about 75 cents back for every dollar they send to DC. CT is even worse, getting back about 60 cents. Meanwhile, states like Alabama, Mississippi and Arkansas get back well over a dollar in fed funds. They are simply unable to support themselves without massive cash infusions from Washington.
This system works fine during the good times, but now the rich states have taken a hit and that money won’t be flowing as readily.
Had to be blind to not see the instability and downtrend.
He is entertaining, but anybody with a few functioning lobes would be roughly in the same region.
peppercorns traded like currency
It is suggested one store a reasoonable amount of salt whether you use much or not. Alot of people do not. But others do, and it is good traading stock.
The military spending is a political issue and — sadly — in some instances a form of welfare for local communities.
Nori Seaweed is inexpensive and a good source nutrients Vitamin A & C, calcium, zinc, iodine, iron and fiber.
This is very misleading since it is a table providing figures not normalized by income. Check the average income from states. People in MS are not allowed to make much money and hence don’t pay much. Why is CA asking for billions in bailout?
You may not feel that way when order breaks down and imported essentials such as food are limited or the grid goes down.
The thing about being surrounded by people with conservative ideals is that they mostly will not be looting your home, will band together to preserve some sort of order and will have prepared to the same degree as everyone else. They will have real skills that relate to survival.
Disclosure: I live in a blue county in a blue state, but even my Dem neighbors live by much more conservative values and are more self-sufficient than the average resident of DC and environs.
Time to stock up! We are buying more food now to store.
How do you store them, and flour?
Enter the 0bama era.
It’s much better to develop high end skill sets, make a couple million dollars and ride out the storm
Many of Napolean's soldiers starved and froze to death while retreating from Moscow. Many of the starved and frozen were found with gold coins still in their pockets.
If our economy were to really collapse, a stockpile of gold is not something I'd really want to have in my house.
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